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by hbt 3981 days ago
>> Research shows that teams with more women members have higher collective intelligence and achieve better business outcomes.

The research used is this paper https://publications.credit-suisse.com/tasks/render/file/ind...

which claims having more women on the board has achieved better business outcomes.

Which is fine until you start digging and find out that they passed legislation in Europe forcing companies to be more diverse. That companies in Europe had the number of women on boards double in less than two years http://imgur.com/a/4sE2y despite a recession and stagnating economy.

Then they justify the economic "recovery" since the 2008 crash to that decision.

And now hiring more women is associated to economic growth.

You should hire and compensate people based on the value they generate. Instead companies are becoming political parties trying to reach diversity quotas to satisfy the local demographics and government policy du jour.

This has been going on for decades but there is nothing like government intervention to accelerate a disaster.